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Bitcoin / Bitcoin Discussion / Re: The Role of BTC in the metaverse?
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on: February 07, 2022, 09:41:25 PM
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Metaverse is a joke now. the avatars looks stupid. the whole graphic is a shit. i think it may takes 10 years to become a second reality whatever it may means. yes, many idiots put a lot of money in it and now, they are trying to get others idiots like them to join.
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8
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Bitcoin / Bitcoin Discussion / Re: All crypto declared illegal in China!!!!!!!!!!!!!
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on: September 24, 2021, 08:49:40 PM
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China is an example for other states. If China did it, India, UK, USA can do it to.
If the government makes crypto illegal and hard to buy, the average Joe isn't going to touch it due to fear of breaking the law. I'm not saying nobody will buy crypto illegally, I'm saying the AVERAGE person will not and many will just move to stocks for their investing needs.
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9
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Bitcoin / Bitcoin Discussion / Re: Bitcoin Dumps to $32K as China’s Bank Announced a Ban on Crypto Usage
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on: June 21, 2021, 04:40:13 PM
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Banks must not provide products or services such as trading, clearing and settlement for crypto transactions, the PBOC said in a statement. So, all the exchangers and miners from China will be closed. What does mean? Well, normally the price should down to the bottom if Bitfinex will not generate its shit USDT to buy the BTC from market ) I think they can generate 3-4 billions of USDT just to buy what the miners and chinesse exchangers will sell .
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Bitcoin / Bitcoin Discussion / Re: China FUD
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on: June 21, 2021, 04:13:42 PM
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China used to be the biggest market for cryptocurrency in the early days, but its recent attacks on crypto-related activities and have negatively affected the entire cryptocurrency market. The recent fud resulted in the current dip in Bitcoin price, I think it high time miners in China think of relocating to more crypto-friendly countries.
LOL the so called "crypto-friendly countries" has no free electricity... What's wrong if there will be less miners? none...
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Bitcoin / Bitcoin Discussion / Re: China FUD
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on: June 21, 2021, 04:12:23 PM
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We don't like the news but it's already here.
China is a big part of crypto, so losing investors in China is really a big thing. Bitcoin might struggle but it will continue to survive until it will recover and create a bull run again.
The restriction in China is not permanent, who knows they'll change their stance in the future.
Let's hope for that.
The restrictions will be permanent for sure. It's a normal thing. Bitcoin mining consume a lot of energy...and more, China wants to put a break to the money laundering which is happening due to Bitcoin.
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Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Bitfinex and Thether =unlicensed and unregulated
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on: February 24, 2021, 08:19:57 PM
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And people are still using Tether since they're believe it's pegged by real fiat US while the fact it doesn't. Bitfinex aren't really good exchanges and has several accusations in the past, better to stick on popular exchanges (e.g. Binance, KuCoin, Coinbase) Tether is just printing and Bitfinex is buying BTC with it...nothing more. It's not backed by anything. I don't think they are 20% backed of REAL money...
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Economy / Speculation / Re: $25,000 can be achieved by end of year? Or January 2021?
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on: December 16, 2020, 11:17:34 PM
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Finally we have achieved the most awaited mark of $20,000 now what's next? Do you think Bitcoin will cross the next landmark of $25,000 by the end of the year or it might happen in 2021? As per my earlier prediction based on market analysis I thought the value of Bitcoin will cross $20,000 by second week of December which seems bit sceptical at the beginning of this month but now it has come true and of my prediction goes right then Bitcoin will reach $25,000 by the end of this month as next 14 days will be more bullish or chaotic.
next: go to work!
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